Do They Know It's Christmas Yet?: They took a trip back to 1984 and broke it.
About this deal
Among the many problems it produced was that it created a surplus of labor in some places and a dearth in others.
As the frontman of the Boomtown Rats, Geldof had tasted fame and success, but his music career was now at a crossroads. But it turns out that writing a song and raising millions of dollars for food assistance in Africa was the easy part.Helping people is the ultimate goal, and this requires more than just humanitarian efforts, as some members of Band Aid now realize. As Ethiopians have pointed out ever since, they did of course know it was Christmas because the starving were mainly Christian,” Gill notes. and they had invited a host of popular British and Irish recording artists to perform the new song, which was written for a specific purpose: to raise money for Ethiopians suffering one of the worst famines in modern history.
As the economist Adam Smith once pointed out, “little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice. They’ve steadily expanded economic freedom (though the country still has a long way to go), and prosperity has surged as a result. We have to drain the sea, or if we cannot completely drain it, we must bring it to a level where they will lack room to move at will, and their movements will be easily restricted.This is precisely what economic freedom has done, sparking the biggest drop in extreme poverty in history.
The band was in shambles, and Geldof was trying to “manage the decline” as he considered his next step. If people were hungry in the highlands, send them off to the lowlands where productivity was high and land was plentiful. I was more partial to Burl Ives singing “Holly Jolly Christmas” or the Peanuts characters belting out “ Hark the Angels.
It was Geldof, who the previous day had told George to drop what he was doing and get to London stat to perform a song he had co-written with Ure. Once [Bob] had Midge on board, all Bob’s friends who know his musical limitations would think ‘we know the record will get made now, so it’s not going to embarrass us,” one person familiar with the project observed.